Position Overview: The Compliance & Risk Manager, under the direction of the Chief Risk Officer, is responsible for the effective planning, coordination, implementation and monitoring of the Bank s and its subsidiaries compliance, BSA/AML and security/fraud policies and programs including the management of the Department s staff. The Compliance & Risk Manager is also a key resource to all Bank management and personnel in the regulatory and compliance areas, and as such must be able to effectively interact with all levels of management and provide well-researched and sound decisions and advice as it relates to Bank policies and applicable laws and regulations. Primary Accountabilities:Responsible for developing, implementing, maintaining, and monitoring the Bank s compliance, BSA/AML/OFAC and security/fraud programs to ensure that each functional area of the Bank achieves and maintains compliance with all applicable banking laws and regulations. Communicates with regulators, when necessary, regarding regulatory and compliance matters.Responsible to identify, track and analyze additions or changes in law, regulation or guidance including all new regulations promulgated by both federal and state authorities impacting the Bank s operations and its customers. Responsible for identifying potential compliance gaps and reporting on the implementation status of new regulatory requirements to senior management.Manages the daily operations of the department to include review, problem recognition and resolution, system administration, and regulatory compliance. Provides management and direction to staff and coordinates work flow of assigned areas within the Compliance & Risk Management Department, including distributing work, disseminating information, providing technical assistance, answering questions, and resolving problems.Provide compliance and risk management guidance and support to all business units and subsidiaries regarding regulatory compliance, BSA/AML/OFAC, security/fraud and risk matters. Conducts research, as necessary, to address questions and implementation efforts. Serves as the CIP and BSA Officer providing policy, training, documents and reports as required. Partners with supported business units to ensure ongoing maintenance and effectiveness of their compliance activities and programsMaintains a current knowledge of all Bank related federal and state laws and regulations and monitors legislative and regulatory developments.Manages the performance of several risk assessments, including compliance risk assessment, BSA/AML/OFAC, Fair Lending, and others as required.Maintains and tracks all compliance-related policies to ensure they remain current with all laws and regulations and accurately reflect the Bank s practices. Communicates policy and regulatory changes to management.Manages a Compliance Monitoring Program, ensuring monitoring reviews are conducted across the organization with recommendations tracked and reported.Manages the Bank s customer complaint policy and program.Work with all departments to continually reinforce guidelines through training, mentoring and consistent follow-up to ensure compliance with all regulations. Coordinates with the Bank s Training Manager to ensure appropriate compliance & risk core training occurs.Responsible for development and preparation of various compliance reports, including periodic management and board reporting and presentations.Provide assistance and support to the Chief Risk Officer relating to risk management practices and programs.Perform related and unrelated duties as may be required. Experience and Education:Bachelor s Degree requiredMinimum 5 -7 years banking compliance experience is required.Strong working knowledge in areas of consumer regulatory compliance and BSA/AML/OFAC is required.Knowledge of general banking operations and activities is desired. Knowledge, Skills and Abilities:Must be able to manage and lead others effectively, communicate effectively both verbally and in writing, and possess strong numeric aptitude, presentation, analytical, decision making and customer service skills.Strong interpersonal and teamwork skills are needed.Must be organized and able to multi-task while managing several items simultaneously.Requires excellent research and regulatory comprehension skills. This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, status as a veteran or as an individual with a disability.
Our Mission UniBank is committed to being the premier bank serving the financial needs of the Greater Blackstone Valley and Worcester by providing individuals and businesses with excellent service and fairly priced, high quality financial products.
UniBank is dedicated to contributing to the overall quality of life and economic health of the communities it serves, while maintaining a high level of financial soundness and integrity.
Our Core Values -Teamwork: We work together to achieve UniBank's mission. -Integrity: We adhere to a set of moral principles and deliver service with honesty. -Excellence: We maintain dedication to providing superiority in all that we do.
Our People We are proud of our employees and the commitment they make to our community by volunteering for all kinds of organizations, including little league coaching, elderly financial counseling, teaching classroom educational programs and more.
Our Strengths We know that our dedicated employees are the foundation of our strengths and there are other business factors that contribute to our success. These include: -Convenience: UniBank has conveniently located branches with ATMs throughout the Blackstone Valley, Milford and Worcester. In addition, several branches in high-traffic areas have extended operating hours. -Community Banking Experience: Our customers have told us time and time again that they appreciate our exceptional customer service. And as a local bank, UniBank is able to make quick decisions on banking issues that affect our customers lives.
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* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.